Chinese Palladium Bar Sees 2.1 Percent Decline

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The day’s biggest mover was Chinese palladium bar, dropping 2.1 percent to settle at CNY 141.00 ($22.18) per gram on June 28, 2012. Japanese palladium bar prices saw a 1.7 percent decline to JPY 1,487 ($18) per gram. US palladium bar has been on the decline for eight days and is now at $571.00 per ounce.

For the eigth day in a row, the price of US platinum bar fell and is currently at $1,392 per ounce. The price of Chinese platinum bar fell 0.6 percent to CNY 310.00 ($48.76) per gram. The price of Japanese platinum bar declined 0.6 percent to JPY 3,617 ($45) per gram.

Japanese gold bullion prices inched up 0.3 percent to JPY 4,029 ($50) per gram. Indian gold bullion ended the day at INR 29,813 ($521) per 10 grams, after the 0.3 percent drop on Thursday. The price of Chinese gold bullion remained steady at CNY 323.20 ($50.84) per gram. The price of US gold bullion was unchanged at $1,543 per ounce.

US silver closed two percent lower at $26.57 per ounce. At JPY 683.00 ($8.57) per 10 grams, Japanese silver fell 0.6 percent on Thursday. Indian silver finished the day down 0.3 percent to INR 52,566 ($920) per kilogram. Chinese silver closed 0.2 percent lower at CNY 5,735 ($902) per kilogram.

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